Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of DTS, Inc. (NASDAQ: DTSI) by Tessera Technologies, Inc. (NASDAQ: TSRA). On September 20, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Tessera will acquire DTS. Under the terms of the agreement, DTS shareholders will receive $42.50 for each share of DTS common stock.

View this information on the law firm's Shareholder Rights Blog:www.robbinsarroyo.com/shareholders-rights-blog/dts-inc

Is the Proposed Acquisition Best for DTS and Its Shareholders?

Robbins Arroyo LLP's investigation focuses on whether the board of directors at DTS is undertaking a fair process to obtain maximum value and adequately compensate its shareholders.

On August 8, 2016, DTS reported strong earnings results for its second quarter 2016. DTS reported revenue of $48.7 million for the three months ended June 30, 2016, a 41% increase from the same period of the prior year. Additionally, DTS has beaten analyst estimates for revenue, adjusted net income, and adjusted earnings per share in three of the past four consecutive quarters. In commenting on these results, DTS Chairman of the Board and Chief Executive Officer Jon Kirchner remarked, "We had a strong second quarter driven by solid performance in automotive and continued momentum across the mobile markets…. As a result of this strong performance, we are raising the low end of our full year 2016 revenue outlook and increasing our earnings outlook to reflect our confidence in the second half of 2016. Importantly, our business continues to generate improving operating margins and strong cash flow, and we are focused on optimizing our balance sheet and cash flow to generate value for shareholders."

In light of these facts, Robbins Arroyo LLP is examining DTS's board of directors' decision to sell the company now rather than allow shareholders to continue to participate in the company's continued success and future growth prospects.

DTS shareholders have the option to file a class action lawsuit to ensure the board of directors obtains the best possible price for shareholders and the disclosure of material information. DTS shareholders interested in information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, ddonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law. The law firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.

Robbins Arroyo LLPDarnell R. Donahue(619) 525-3990 or Toll Free (800) 350-6003ddonahue@robbinsarroyo.comwww.robbinsarroyo.com

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